Navios Maritime Partners
Chart pattern: Bull Flag
Entry: 34.11$ (this would end the trend of the correction)
Stop: 24.41$
Target: 75$
Risk/Reward-Ratio: > 4:1
Stopmanagement: ATR Stops daily chart default settings
Elliott-Wave-Principle: After a impulsive 5 wave structure the price developed a zig-zag-correction which retraced to the 38-Fib.-level. Due to the fact that the intermediate structure is not that clear I will treat this trade as a classic bull flag.
Entry: 34.11$ (this would end the trend of the correction)
Stop: 24.41$
Target: 75$
Risk/Reward-Ratio: > 4:1
Stopmanagement: ATR Stops daily chart default settings
Elliott-Wave-Principle: After a impulsive 5 wave structure the price developed a zig-zag-correction which retraced to the 38-Fib.-level. Due to the fact that the intermediate structure is not that clear I will treat this trade as a classic bull flag.
Feragatname
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